Standard Surfactants Limited Whole-time Director Atul Kumar Garg has resigned from his position effective June 2, 2026. The resignation, submitted to the Board of Directors, was attributed to his advancing age and other preoccupations requiring his personal attention. This development was disclosed to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company informed The BSE Limited that Garg stepped down from his role at the close of business hours on June 2, 2026. In his resignation letter, Garg stated that he found himself unable to devote sufficient time and energy to the affairs of the company. He confirmed that there are no other material reasons for his resignation apart from those stated in his letter.

Ankur Garg, Whole-time Director, signed the regulatory filing on behalf of Standard Surfactants Limited. The details of the resignation were provided in Annexure-A attached to the intimation sent to the exchange. The filing included the Director Identification Number (DIN) of the resigning director as 00250868.

The table below summarizes the key particulars of the director's cessation:

Garg expressed his gratitude to the Board, management, and all associated with the company for the cooperation and support extended during his tenure. He wished the organization continued success and growth in the future.

Standard Surfactants Ltd. expects a delay in submitting its audited financial results for the quarter and year ended March 31, 2026, following a fire incident at its plant in Mandideep, Madhya Pradesh. The company reported to BSE that the fire, which occurred on May 3, 2026, resulted in the loss of data and other records, making it unable to finalize the accounts within the regulatory timeline. The trading window for designated persons remains closed until 48 hours after the declaration of the financial results, in accordance with SEBI (Prohibition of Insider Trading) Regulations.

The company stated that despite its best efforts, the loss of information has hindered the completion of the audit process. It affirmed its commitment to submitting the audited results within a reasonable time. A board meeting will be convened to adopt the audited results, and prior intimation will be sent to the stock exchange.

Incident Details

The fire incident took place at Plot No. 24-A/B, New Industrial Area, Mandideep. The Municipal Council, Mandideep, confirmed that the fire brigade responded with multiple vehicles, including water and foam tenders, to control the blaze. The council issued a fire certificate and subsequently levied a fee of ₹47,756 for the fire-fighting operations, which involved the use of 80 liters of fire foam.

Regulatory Compliance

The delay was communicated to BSE under Regulation 33. The company’s CMD, Pawan Kumar Garg, signed the intimation on May 27, 2026. The closure of the trading window is aligned with the company’s Code of Conduct for Prohibition of Insider Trading.